Electronic trading
Nex Markets launches new analytics tool
Nex Quant Analytics will use benchmark data from the EBS ecosystem to deliver real, measurable insight for clients
Bevan switches Citi for ING
Simon Bevan has resigned from Citi after more than six years to become lead electronic quant trader for FX at ING
FMSB warns of Ficc market vulnerabilities
In its annual report, the body representing the global Ficc market, highlighted areas of concern still needing attention
US super-regionals step up FX game
Citizens Bank and SunTrust Bank have been expanding and investing more in their FX platforms and talent
Bogue and Hamilton exit FastMatch
The head of operations for the trading platform and the head of sales for Emea leave the recently-acquired venue
GTX to launch full-amount trading on its ECN
Gain Capital’s trading venue offers full-amount execution as it seeks to reduce market impact
Watson joins Tradition as global head of market data sales
The former chief executive of ADS Securities Europe moves to broker Tradition in London
FX e-trading near saturation, says Greenwich
But the next stage in the success story is due, the financial consultancy says
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
India’s public-sector corporations adopt Bloomberg FXGO
Firms include Gas Authority of India, Rural Electrification Corporation and ONGC Videsh
ECB: bulk of euro trading will stay in London after Brexit
In its annual review of the single currency, the central bank says any shift from the UK to the EU will be gradual
Asia strongly supportive of Global Code of Conduct – GFMA
Backing from local central banks for the principles will filter down to participants, says John Ball
IPC brings Unigy to small buy-side firms via the cloud
Unigy 360 is targeted at companies for which on-site solutions are impractical
Sucden Financial selects smartTrade’s FX platform
The institutional broker chooses LiquidityFX to support its expansion drive
Campbell Adams leaves ParFX
Adams is responsible for randomisation as a practice coming to financial markets
FastMatch to hike rates from July
Following its $153m acquisition by Euronext, the platform has a clear path to expand into Europe and Asia
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
Greater adoption of TCA in FX expected – Greenwich Associates
Survey shows increasing use of algos and electronic venues will spur the development of transaction cost analysis
Buy side to boost trading desk technology spend – Greenwich
Survey shows a larger share of budgets is being spent on technology while compensation costs shrink
US traders most likely to boost algo usage and EM participation
Globally, 38% of 200 FX traders surveyed by JP Morgan plan to extend their use of algorithms
Pragma announces LD6 expansion
The move enables the algo technology provider to improve services to its expanding client base
Mizuho opts for Thomson Reuters' FX Trading platform
The Japanese bank is the latest financial institution in Asia to adopt the venue
Compliance and risk aversion will dominate in 2017
The broker is building a set of next-generation solutions for customers less willing to tolerate risk amid cost pressures
Analytics and algos in focus as regulation hits
Credit Suisse sees best execution requirements being hammered home by Mifid II